$enj Technical Analysis
📉 Current Status
Price: $0.0892 (down -2.19% in the last 24h)
24h Range: $0.0853 – $0.0922
RSI (14): 52.09 (neutral)
Volume: Decent at 26.87M ENJ
🔍 Technical Overview
Trend: Sideways with slight bullish bias.
Recent Low: $0.0591 – significant recovery from that level.
Resistance Zone: Around $0.0922 – rejection near this area in recent candles.
RSI (14): Near 50 – indicates consolidation, no overbought/oversold conditions.
🔺 Bullish Signals:
Price recovered well from the $0.0591 bottom.
Holding above recent support ($0.085 range).
RSI shows potential to climb if momentum increases.
🔻 Bearish Concerns:
Rejection from $0.0922 level.
Long-term trend (90D/180D/1Y) still bearish:
90 Days: -21.91%
180 Days: -69.55%
1 Year: -75.45%
ENJ is currently in a short-term consolidation phase, showing mild bullish potential. A breakout above $0.0922 could trigger further upside toward $0.10+, but failure to hold above $0.085 may lead to a retest of lower support levels.
